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FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023
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The "Plug and Play" Model Putting Online Giants to Shame (Ad)
The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high
Renowned Federal Judge, 96, Faces Yearlong Suspension For Refusing to Retire
S&P 500   4,330.00
DOW   34,070.42
QQQ   357.86
3 Compelling Reasons to Start Buying Undervalued Amazon
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
Stock market today: World shares are mixed, Chinese markets surge, after latest retreat on Wall St
Analysts Recommend These Mining Stocks Before Metal Prices Rally
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023
Turkey’s central bank hikes interest rates again in further shift in economic policies
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high
Renowned Federal Judge, 96, Faces Yearlong Suspension For Refusing to Retire
S&P 500   4,330.00
DOW   34,070.42
QQQ   357.86
3 Compelling Reasons to Start Buying Undervalued Amazon
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
Stock market today: World shares are mixed, Chinese markets surge, after latest retreat on Wall St
Analysts Recommend These Mining Stocks Before Metal Prices Rally
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023
Turkey’s central bank hikes interest rates again in further shift in economic policies
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high
Renowned Federal Judge, 96, Faces Yearlong Suspension For Refusing to Retire
S&P 500   4,330.00
DOW   34,070.42
QQQ   357.86
3 Compelling Reasons to Start Buying Undervalued Amazon
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
Stock market today: World shares are mixed, Chinese markets surge, after latest retreat on Wall St
Analysts Recommend These Mining Stocks Before Metal Prices Rally
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023
Turkey’s central bank hikes interest rates again in further shift in economic policies
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high
Renowned Federal Judge, 96, Faces Yearlong Suspension For Refusing to Retire
NYSE:BLND

Blend Labs (BLND) Stock Forecast, Price & News

$1.18
-0.01 (-0.84%)
(As of 09/21/2023 ET)
Compare
Today's Range
$1.13
$1.21
50-Day Range
$1.05
$1.50
52-Week Range
$0.53
$2.86
Volume
294,145 shs
Average Volume
720,834 shs
Market Capitalization
$290.15 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$1.89

Blend Labs MarketRank™ Forecast

Analyst Rating
Hold
2.20 Rating Score
Upside/​Downside
60.2% Upside
$1.89 Price Target
Short Interest
Bearish
5.84% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.95mentions of Blend Labs in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$298,535 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.63) to ($0.32) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.02 out of 5 stars

Computer And Technology Sector

407th out of 592 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

37th out of 60 stocks


BLND stock logo

About Blend Labs (NYSE:BLND) Stock

Blend Labs, Inc. engages in the provision of cloud-based software platform solutions for financial services firms in the United States. It operates in two segments, Blend Platform and Title365. The company's Blend Builder Platform offers a suite of products that powers digital-first consumer journeys for mortgages, home equity loans and lines of credit, vehicle loans, personal loans, credit cards, and deposit accounts; and offers mortgage products to facilitate the homeownership journey for consumers comprising close, income verification for mortgage, homeowners' insurance, and realty. It also offers verification components to automate confirmation tasks that are needed to underwrite a loan or approve the opening of a new deposit account; decisioning components to reduce the need for human intervention by automatically applying business rules throughout an application workflow configured by a financial services firm; workflow intelligence components to manage data collection and automate tasks throughout the loan origination process; and marketplace components to enable consumers to shop for products and services presented at the precise moment of need during an application for a loan. In addition, the company, through its subsidiary, offers title search procedures for title insurance policies, escrow, and other closing and settlement services, as well as other trustee services; and provides professional and consulting services. It serves banks, credit unions, financial technology companies, and non-bank mortgage lenders. Blend Labs, Inc. was incorporated in 2012 and is headquartered in San Francisco, California.

BLND Price History

BLND Stock News Headlines

Reviewing Blend Labs (NYSE:BLND) and CEVA (NASDAQ:CEVA)
15 Best Affordable Stocks To Buy Under $5
The "Plug and Play" Model Putting Online Giants to Shame
While e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."
Blend to Hold Its Investor Day on September 26, 2023
Blend Labs Inc.
The "Plug and Play" Model Putting Online Giants to Shame
While e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."
Q2 2023 Blend Labs Inc Earnings Call
Blend Announces Second Quarter 2023 Financial Results
Blend Labs: A Long Way To Go
See More Headlines
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BLND Company Calendar

Last Earnings
8/09/2023
Today
9/22/2023
Next Earnings (Estimated)
11/09/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Computer programming, data processing, & other computer related
Sub-Industry
N/A
Fax
N/A
Employees
1,546
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$1.89
High Stock Price Forecast
$3.25
Low Stock Price Forecast
$1.30
Forecasted Upside/Downside
+60.2%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
5 Analysts

Profitability

Net Income
$-720,170,000.00
Net Margins
-183.40%
Pretax Margin
-180.19%

Debt

Sales & Book Value

Annual Sales
$235.20 million
Cash Flow
$0.76 per share
Book Value
$0.55 per share

Miscellaneous

Free Float
216,798,000
Market Cap
$290.15 million
Optionable
Not Optionable
Beta
0.58
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Key Executives

  • Mr. Nima Ghamsari (Age 37)
    Co-Founder, Chairman, CEO & Head of Blend
    Comp: $325k
  • Mr. Erin James Collard (Age 43)
    Co-Founder & Director
  • Mr. Rosco Hill
    Co-Founder
  • Mr. Amir Jafari (Age 45)
    Head of Fin. & Admin. and Principal Financial Officer
  • Ms. Oxana Tkach (Age 40)
    Controller & Principal Accounting Officer
  • Ms. Winnie Ling (Age 37)
    Head of Legal
  • Mr. Erik Wrobel
    Head of Product
  • Mr. Kallol Das
    Head of Engineering
  • Ms. Aesha Shah
    Head of Design
  • Mr. Sebastian Joll
    Head of Growth













BLND Stock - Frequently Asked Questions

Should I buy or sell Blend Labs stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Blend Labs in the last twelve months. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" BLND shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BLND, but not buy additional shares or sell existing shares.
View BLND analyst ratings
or view top-rated stocks.

What is Blend Labs' stock price forecast for 2023?

5 brokers have issued 1-year price objectives for Blend Labs' stock. Their BLND share price forecasts range from $1.30 to $3.25. On average, they anticipate the company's share price to reach $1.89 in the next twelve months. This suggests a possible upside of 60.2% from the stock's current price.
View analysts price targets for BLND
or view top-rated stocks among Wall Street analysts.

How have BLND shares performed in 2023?

Blend Labs' stock was trading at $1.44 on January 1st, 2023. Since then, BLND shares have decreased by 18.1% and is now trading at $1.18.
View the best growth stocks for 2023 here
.

When is Blend Labs' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023.
View our BLND earnings forecast
.

How were Blend Labs' earnings last quarter?

Blend Labs, Inc. (NYSE:BLND) announced its earnings results on Wednesday, August, 9th. The company reported ($0.16) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.19) by $0.03. The company earned $42.82 million during the quarter, compared to analysts' expectations of $39.98 million. Blend Labs had a negative trailing twelve-month return on equity of 235.54% and a negative net margin of 183.40%.

What ETFs hold Blend Labs' stock?

ETFs with the largest weight of Blend Labs (NYSE:BLND) stock in their portfolio include Global X PropTech ETF (PTEC).

What guidance has Blend Labs issued on next quarter's earnings?

Blend Labs issued an update on its third quarter 2023 earnings guidance on Thursday, August, 10th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $38.00 million-$42.00 million, compared to the consensus revenue estimate of $43.00 million.

When did Blend Labs IPO?

(BLND) raised $340 million in an initial public offering (IPO) on Friday, July 16th 2021. The company issued 20,000,000 shares at a price of $16.00-$18.00 per share.

What is Blend Labs' stock symbol?

Blend Labs trades on the New York Stock Exchange (NYSE) under the ticker symbol "BLND."

Who are Blend Labs' major shareholders?

Blend Labs' stock is owned by a variety of institutional and retail investors. Top institutional investors include ShawSpring Partners LLC (4.61%), BlackRock Inc. (0.85%), Geode Capital Management LLC (0.66%), Charles Schwab Investment Management Inc. (0.37%), Renaissance Technologies LLC (0.30%) and State Street Corp (0.28%). Insiders that own company stock include Amir Jafari, Crystal Sumner, Jonathan Y Chan, Nima Ghamsari and Timothy J Mayopoulos.
View institutional ownership trends
.

How do I buy shares of Blend Labs?

Shares of BLND stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Blend Labs' stock price today?

One share of BLND stock can currently be purchased for approximately $1.18.

How much money does Blend Labs make?

Blend Labs (NYSE:BLND) has a market capitalization of $290.15 million and generates $235.20 million in revenue each year. The company earns $-720,170,000.00 in net income (profit) each year or ($1.38) on an earnings per share basis.

How many employees does Blend Labs have?

The company employs 1,546 workers across the globe.

How can I contact Blend Labs?

Blend Labs' mailing address is 415 KEARNY ST., SAN FRANCISCO CA, 94108. The official website for the company is www.blend.com. The company can be reached via phone at 650-550-4810 or via email at ir@blend.com.

This page (NYSE:BLND) was last updated on 9/22/2023 by MarketBeat.com Staff

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